What you'll learn

Explain What is meant by Production

Explain What is Production Planning

Explain What is Production Control

Explain the Objectives of Production Control

Describe External Factors affecting Planning & Control

Explain Other Functions in Production Planning & Control

Explain How to Improve Planning & Control Efficiency

Explain How to Measure Success of Planning & Control

List the Benefits of Production Planning & Control

List the Challenges of Production Planning & Control

Requirements

No prior knowledge is necessary

Description

Production is a scientific process which involves transformation of raw material (input) into desired product or service (output) by adding economic value. For efficient, effective and economical operation in a manufacturing unit of an organization, it is essential to integrate the production planning and control system. Production planning and subsequent production control follow adaption of product design and finalization of a production process.

Production planning and control address a fundamental problem of low productivity, inventory management, and resource utilization. Production planning and control are essential for customer delight and overall success of an organization. Production Planning is required for scheduling, dispatch, inspection, quality management, inventory management, supply management, and equipment management. Production control ensures that production team can achieve required production target, optimum utilization of resources, quality management, and cost savings.

Production Planning






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